Mac or Ginnie Mae, you must have a score of 620 or above.
Mac or Ginnie Mae, you must have a score of 620 or above. Continuing Education Units CEU available through all online training. Usually, this doesnt happen if the loan officer has performed his function properly particularly in counseling and remedial. This means that your loan package raises some additional issues that need to be explained.
If this is done satisfactorily, the loan is approved. If you are not qualified, your application is declined. You'll need their best guess to determine how long to lock in your loan.